Search Results for keywords:"Court of International Trade"

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Search Results: keywords:"Court of International Trade"

  • Type:Notice
    Citation:89 FR 106429
    Reading Time:about 6 minutes

    On December 18, 2024, the U.S. Court of International Trade issued a decision that resulted in changes to the countervailing duty (CVD) rates for Risen Energy Co., Ltd., a producer from China involved in exporting crystalline silicon photovoltaic cells to the U.S. This decision overruled a previous finding by the U.S. Department of Commerce regarding subsidies provided to Risen Energy, specifically removing a 5.46% rate related to the Export Buyer's Credit Program. The Department of Commerce is amending the final results of its administrative review to reflect this decision and will adjust cash deposit instructions to U.S. Customs and Border Protection accordingly.

    Simple Explanation

    The U.S. Court decided that a Chinese company, Risen Energy, should pay less in extra fees than first thought because they didn't use a special credit program. Now, the U.S. is changing how much money Risen Energy has to give when sending solar cells to the U.S.

  • Type:Notice
    Citation:90 FR 13138
    Reading Time:about 3 minutes

    The U.S. Department of Commerce has announced a correction to an earlier notice regarding its decision to revoke an antidumping duty order on mattresses from Indonesia. This change comes after the U.S. Court of International Trade (CIT) determined that previous findings were incorrect. The revised notice adds information about providing refunds to companies affected by this order. While the revocation means certain legal processes will change, the actual suspension of duties will continue until any appeals are resolved.

    Simple Explanation

    The U.S. Department of Commerce decided to cancel special extra charges on mattresses from Indonesia because a court said they made a mistake, and now they also mentioned giving back money to the companies that paid those extra charges.

  • Type:Notice
    Citation:90 FR 12129
    Reading Time:about 7 minutes

    The U.S. Court of International Trade (CIT) has issued a final decision that is not in agreement with the U.S. Department of Commerce's previous findings on antidumping duties for steel concrete reinforcing bars from Mexico. Originally, Commerce had assessed a high dumping margin on Grupo Simec, but upon review, the margin was reduced to 0.00%. Consequently, the rates for companies like Grupo Acerero and Sidertul have also been adjusted to 0.00%. Until further appeals are resolved, Commerce is prevented from finalizing the duty assessments on these goods.

    Simple Explanation

    Imagine that someone argued about how much extra money companies need to pay when they bring special metal bars from Mexico to the U.S. A big group of decision-makers changed their minds and said those companies shouldn't pay extra anymore. But, until everything is fully decided, no final amounts are set.